Brattleboro, VT 05301,99 Clark ST
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Brattleboro, VT 05301,99 Clark ST
Brattleboro, VT 05301,99 Clark ST
Brattleboro, VT 05301,99 Clark ST
Brattleboro, VT 05301,99 Clark ST
Listed by Michael Gilman • 3GEN Real Estate Inc
Bought with Flex Realty Group • Flex Realty

$345,000

Est. payment /mo

$350,000

1.4%
Est.Price: ?

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99 Clark ST Brattleboro, VT 05301

6 Beds

4 Baths

2,736 SqFt

SOLD DATE : 05/27/2025

Key Details

Sold Price $345,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,736 sqft

Price per Sqft $126

MLS Listing ID 5032524

Sold Date 05/27/25

Bedrooms 6

Full Baths 4

Construction Status Existing

Year Built 1890

Annual Tax Amount $4,204

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Description

High cash flow well maintained 4plex located in quaint Brattleboro neighborhood within proximity to the vibrant downtown, listed at a deep-value 11% cap rate. This 100% occupied building has 2x 2br and 2x1br, and a net operating income of ~38K with significant upside based on rents over 20% below market. A new owner can step into to yield over a 15% cash on cash return starting year 1, and build wealth through high cash-flow vs speculation. Rents can be brought to market to achieve north of a 25% cash on cash (see proforma in OM). In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 4plex with value-add from growing rents to market, ahead of the investment and resurgence going on in vibrant and desirable Brattleboro. The property is available as a package with other buildings in Brattleboro and in nearby towns for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.

Location

State VT

County Vt-windham

Area Vt-Windham

Zoning RM

Rooms

Basement Entrance Walkout

Basement Unfinished

Interior

Cooling None

Exterior

Utilities Available Cable

Roof Type Slate

Building

Story 2

Foundation Stone

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

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PrimeMLS
agent

Geralyn Donohue

Broker Associate | License ID: 081.0004386

+1(802) 377-7096

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